Many farmers in the Mekong Delta Province of Tien Giang earn up to VND500 million (USD23,800) per hectare of hot pepper.
Hot pepper fields in Cho Gao District during harvest time
This crop, traders have been coming to the growers to buy hot pepper at prices of more than VND40,000 (USD1.9) per kilogramme.
Huynh Thi Mai, from Cho Gao District, who is harvesting 5,000 square metres of of pepper said sometimes will traders even pay VND42,000 per kilogramme, prices vary, but the lowest they go is VND40,000.
She added that locals grows two crops annually, mostly hot red ones, which which are easily grown and have a high yield. The first crop lasts from April to July and the second is often finished before Tet.
Le Van Thoi, an exporter of peppers from Cho Gao District said that currently, the export demand for peppers to other Asian countries, such as India, South Korea, Thailand, Singapore and China has seen a sharp increase. He said that he sometimes pays prices as high as VND50,000 (USD2.38) per kilogramme, and that many traders have to visit growers for purchase.
Nguyen Van Thinh, Deputy Head of the district Department of Agriculture and Rural Development, said the locality has around 650ha of hot pepper, including 350ha in Binh Ninh Commune.
Farmers in Binh Ninh Commune
